- Sep 12, 2008
- 14,201
- 3,567
- 185
or does the ownership pass to the state somewhere at some income level?
Folks keep on saying that reducing tax rates from 35 to 30 is a "giveaway" on high incomes. Since the person earned it in some fashion, how does that 5% belong to the state so that they could "give it away?"
Folks keep on saying that reducing tax rates from 35 to 30 is a "giveaway" on high incomes. Since the person earned it in some fashion, how does that 5% belong to the state so that they could "give it away?"